BAKU, Azerbaijan, July 25. Azerbaijan's insurance companies collected a total of insurance premiums amounting to 817 million manat ($480 million) from January through January through June 2025.
The data obtained by Trend from the Central Bank (CBA) shows that this figure grew by 91.9 million manat ($54 million), compared to the same period in 2024 (725 million manat or $426 million).
Furthermore, in the reporting period, the ranking on the volume of insurance premium collections was headed by PASHA Life Insurance OJSC with 390.8 million manat ($230 million).
The second position in the ranking was taken by PASHA Insurance OJSC with total premium collections amounting to 182.3 million manat ($107 million), and the third position by Ateshgah Life Insurance OJSC (57.4 million manat or $33.7 million).
Total collections of all insurance companies in Azerbaijan in the reporting period are summarized below.
|
Company |
Collections |
|
PASHA Life Insurance |
390.8 million manat ($230 million) |
|
PASHA Insurance |
182.3 million manat ($107 million) |
|
Ateshgah Life Insurance Company |
57.4 million manat ($33.7 million) |
|
Qala Insurance Company |
49.9 million manat ($29.3 million) |
|
Ateshgah Insurance Company |
30.6 million manat ($18 million) |
|
Azerbaijan Industry Insurance |
16.58 million manat ($9.7 million) |
|
Mega Insurance |
15.57 million manat ($9 million) |
|
Khalg Insurance |
14 million manat ($8 million) |
|
Qala Life Insurance Company |
13.3 million manat ($7.82 million) |
|
Agrar Insurance |
13.26 million manat ($7.8 million) |
|
A-Group Insurance Company |
9 million manat ($5 million) |
|
Mega Life Insurance |
7.9 million manat ($4.6 million) |
|
Khalg Life Insurance |
5.27 million manat ($3 million) |
|
AtaInsurance |
4.8 million manat ($2.8 million) |
|
AzInsurance |
4.6 million manat ($2.7 million) |
|
Silk Way Insurance |
1.3 million manat ($760,000) |
